Details :- Reference: YWQB-T1883. Estate of 85,000m² in Vila Verde de Ficalho, Alentejo, with an approved project for a 4-Star Rural Hotel.<br /><br />Includes a built area of 1060m², a traditional olive grove with 670 century-old olive trees, and the possibility of expanding by 1300m².<br /><br />Excellent for residential tourism, senior living, events, and commercial space. Located 3.5km from the town center, close to Spain.<br /><br />Take advantage of this unique investment opportunity in the historic Border Post Village in Serpa.<br /><br />This 85,000m² (8.5 hectares) estate, located in Vila Verde de Ficalho in Alentejo, stands out for its proximity to the Spanish border. Formerly a border post, the property now offers vast development potential.<br /><br />With a built area of 1060m², the estate allows for an expansion of 1300m² more, according to the approved project for a 4-Star Rural Hotel. This project includes 30 rooms, including two suites, a reception, restaurant, bar, pool, event hall for 150 people, spa with indoor pool, service area, and olive mill.<br /><br />The property is also complemented by a traditional olive grove with 670 century-old olive trees, producing 10 tons of olives annually, ensuring profitability.<br /><br />The estate is 3.5km from the town center of Vila Verde de Ficalho, which offers various shops and services.<br /><br />Nearby are Spain (1km from the gas station) and Rosal de La Frontera (2km), and 30km from Serpa.<br /><br />This property is ideal for investments in residential tourism, senior living, events, or commercial space.<br /><br />Schedule your visit now through our website! (Visit the videos section to learn how!)<br /><br />For more information, do not hesitate to contact us.<br /><br />'YOUR HOME IN ALGARVE' <br />#ref:TUR_2524_VEND
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Property ID: 120093011170